Ripple Dismisses IPO Plans Amid Financial Stability

According to PANews, Ripple has officially denied any plans to initiate an Initial Public Offering (IPO) in 2025, following years of market speculation. In an interview with CNBC, Ripple President Monica Long stated that an IPO is not part of the company's agenda. She emphasized that Ripple's financial position is robust, with billions in cash reserves, eliminating the need for public listing to raise funds or enhance market visibility. Long noted that companies typically go public to raise capital or boost brand presence, but Ripple currently has no need for either. Ripple CEO Brad Garlinghouse has consistently reiterated that the company is not seeking external capital nor planning a public listing in the short term. The rumors of Ripple going public have persisted for years. In 2022, Garlinghouse mentioned that the possibility of an IPO would be reconsidered once the legal dispute with the U.S. Securities and Exchange Commission (SEC) was resolved. However, after reaching a settlement with the SEC at the end of 2023, Garlinghouse reaffirmed that going public is not a priority for Ripple.